SXN(SH:600661)2024-07-09 10:08Financial Performance - The company expects to achieve a revenue of 546.5 million yuan for the first half of 2024, representing a year-on-year growth of 34.21% compared to 2023[2][3]. - The estimated net profit attributable to shareholders for the first half of 2024 is -17.6 million yuan, which indicates a reduction in losses of approximately 90.07 million yuan compared to the same period last year[2][3]. - The estimated net profit attributable to shareholders after deducting non-recurring gains and losses is -16.6 million yuan, reflecting a reduction in losses of about 66.78 million yuan year-on-year[2][3]. - In the same period last year, the company reported a revenue of 407.19 million yuan and a net profit of -107.67 million yuan[4]. Business Strategy - The company is focusing on expanding its business scale and achieving high-quality development across four major sectors: quality education, vocational education, adult education, and international and basic education[5]. - The increase in costs related to business expansion has contributed to the company's expected losses for the first half of 2024[5]. Expenses and Losses - The company incurred approximately 9.4 million yuan in share-based payment expenses related to the employee stock ownership plan from 2022 during the first half of 2024[5]. - The company recognized a fair value loss of about 2.4 million yuan on its holdings of shares in Shanghai Jiao Tong University Anli Co., Ltd. due to a decline in stock price[5]. Forecast and Reporting - The performance forecast has not been audited by registered accountants, and there are no significant uncertainties affecting the accuracy of the forecast[6]. - The data provided is preliminary and subject to change upon the official release of the 2024 semi-annual report[7].